Moody's Corporation Reports Results for Second Quarter 2024

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Moody's Corp (MCO) PT Raised to $490 at Argus

July 24, 2024 2:00 PM EDT

Argus analyst John Eade raised the price target on Moody's Corp (NYSE: MCO) to $490.00 (from $410.00) while maintaining a Buy rating.

The analyst comments "Our rating on Moody's Corp. (NYSE: MCO) is BUY. Moody's is a large-cap financial... More

Moody's Corp (MCO) PT Raised to $475 at RBC Capital

July 24, 2024 6:25 AM EDT

RBC Capital analyst Ashish Sabadra raised the price target on Moody's Corp (NYSE: MCO) to $475.00 (from $450.00) while maintaining a Outperform rating.

The analyst comments "MIS revenue beat elevated expectations, and the company raised guidance by the magnitude of the 2Q24 beat. MCO... More

BMO Capital Downgrades Moody's Corp (MCO) to Market Perform

July 24, 2024 5:03 AM EDT

BMO Capital analyst Jeffrey Silber downgraded Moody's Corp (NYSE: MCO) from Outperform to Market Perform with a price target of $455.00 (from $482.00).

The analyst comments "We are downgrading MCO to Mkt from OP following yesterdays release of 2Q24 results. While the company posted... More

Moody's Corp (MCO) PT Raised to $454 at Stifel

July 23, 2024 4:37 PM EDT

Stifel analyst Shlomo Rosenbaum raised the price target on Moody's Corp (NYSE: MCO) to $454.00 (from $443.00) while maintaining a Hold rating.

The analyst comments "Holistically, it appears that the outlook for MIS is slightly better for 2024 (not just all pull-forward benefit), and... More

Goldman Sachs Reiterates Neutral Rating on Moody's Corp (MCO)

July 23, 2024 10:34 AM EDT

Goldman Sachs analyst George Tong reiterated a Neutral rating and $429.00 price target on Moody's Corp (NYSE: MCO).

The analyst comments "We expect investors to have a positive reaction to Moodys 2Q 2024 earnings release, with revenue, EBITDA margins and EPS outperforming consensus expectations, and the full year guide for these metrics raised. MIS... More